In an exclusive interview, Thabiso Cele, a seasoned FundedNext trader, reveals the key strategies behind his successful trading journey. Celebrating his 26th birthday today, Thabiso graciously shared his experiences and insights into the world of trading. Hailing from South Africa, specifically Johannesburg, Thabiso has been a full-time trader for the past three years. Specializing in commodities, particularly gold, and trading the US30 index, Thabiso has cultivated a distinctive approach to trading that has contributed to his success in the trading markets.
FundedNext Trader Thabiso InterviewThabiso identifies himself as a day trader, with an average hold time ranging from three to four hours. Preferring the London session over New York, he focuses on gold and US30 due to their higher volatility, which is essential for his trading style. Thabiso adopts a supply and demand trading strategy, emphasizing high timeframe analysis for overall market sentiment. He meticulously marks key levels on weekly charts, complemented by trendline analysis on smaller timeframes. Thabiso emphasizes the importance of confirming direction on larger timeframes before scaling down for entry points. Thabiso follows a risk management strategy of risking 1% to 2% per trade, adjusting based on account performance. Despite facing challenges with reversals and break-even points affecting his psychology, he remains committed to maintaining a risk-reward ratio of at least 1:3. Thabiso exclusively trades on MT5 under FundedNext and expresses satisfaction with the platform, citing its suitability for trading gold. While he did not disclose specific metrics from his FundedNext dashboard, he assured that he is continually refining his strategy to optimize his trading performance. Looking ahead, Thabiso plans to fine-tune his risk management strategy, focusing on maintaining a disciplined approach to trading. He acknowledges the psychological challenges of trading and remains dedicated to mastering the intricacies of the trading markets.
About the FirmHere are some interesting facts about the firm:
- Profit split of 15% for evaluation stages
- Up to 90% profit split
- Profit sharing, even if an account is breached
- No restrictions on trading style
- Overnight and weekend holding allowed
- Scaling account option
- Leverage 1:100